Question 1 (16 Marks) On 2 January 2018, Aminuddin Ltd. acquired a 90 per cent interest in Khairul Ltd at $600,000 cash consideration. At that date, the equity of Khairul's statement of financial position revealed the following Issued capital Retained Earnings $000 400 100 500 At the acquisition date, Khairul revalued its non-current, non-depreciable assets to fair value by $100,000. . On 31 December 2018, Khairul paid a final dividend of $10,000 Ignore tax effect. Required: Based on the information available: (a) Prepare the pro-forma entries for the parent entity. (4 marks) (b) Prepare the pro-forma entries including revaluation for the subsidiary entity. (4 marks) (c) Prepare the pre-acquisition elimination entry. (5 marks) (d) Prepare the consolidated entries on 31 December 2018 (2 marks) (e) What method was used in calculating the goodwill in (c)? (1 mark)